As at October 16 there have been net outflows of US$34.5bn in September and an additional US$44.5bn lost through performance, based on 65% of the asset flows reported to the Eurekahedge database. This brings the total size of the hedge fund industry to US$1.8 trillion, down from US$1.9 trillion at the beginning of the year.
However, while there were US$45bn of redemptions in September, there were US$10.5bn of inflows as investors switched to more successful strategies.
In Q3 2008, the industry fell US$155bn, of which 72% was due to performance.
YTD the industry has shed US$90bn in total due mainly to performance, but net investments into the global hedge fund industry are still positive at US$21bn.
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